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Leading biz group to announce India's first service & training awards

Hero Group is coming out with the country?s first annual citation to reward excellence in learning and training.

business Updated: Jan 05, 2006 21:11 IST

Hero Group, a US$ 2.8 billion conglomerate, is coming out with the country’s first annual citation to reward excellence in learning and training - The Brij Mohan Lall Munjal Awards for Excellence in Learning and Development.

The awards will be given to companies that have consistently used training and learning as a source of competitive advantage. Two awards have been earmarked—one for the public sector and the second for the private sector.

The winners will be chosen after a rigorous process by an independent jury, comprising of Mr Deepak Parekh of HDFC, Ms Shobana Bhartia of the Hindustan Times Group, Mr Arun Maira of BCG Consulting, Mr Ajay Sriram of SRF, Dr Vijayshil Gautam of IIT Delhi and Mr Sunil Kant Munjal.

“We reward many qualities in the corporate sector today, but rarely do we acknowledge the role played by learning and training. This award will track companies who’ve invested in people, and benefited from it,’’ Mr Sunil Kant Munjal, managing director of Hero Corporate Service said.

The objective of the awards is two-fold: first, to stress the importance of knowledge and training in an environment where people are emerging as a vital differentiator. Second and equally important, the idea is to encourage the practice of treating training and learning as investments, rather than expenses.

The awards will be announced on January 6 during the first day of the Mindmine Summit 2006– the annual summit of the Hero Mindmine Institute-- at Hotel Maurya Sheraton. Mr Praful Patel, Union Civil Aviation Minister will give away the awards.

Hero Mindmine Summit 2006 will showcase the visions of the industry captains of various industries along with the leaders of conglomerates sharing their experiences in a changing world. Delegates will also have an opportunity to network and interact with some of India’s finest minds, under a single roof. Key government officials and chiefs of India’s biggest public sector corporations will also be featured in the summit. Industry speakers at the various plenary sessions have been handpicked from across the energy, pharmaceutical, IT, automobiles, food processing and healthcare sectors to increase the scope and depth of the summit.

First Published: Jan 05, 2006 21:11 IST